October 19, 2026/InvestmentOne Report
The NGXASI declined by 0.91% to close at 245,278.34pts, as the losses recorded in DANGCEM (-5.50%), ZENITHBANK (-1.59%) and GTCO (-1.44%) drove the local equities market into the red.
In the fixed income space, the Treasury Bills secondary market traded on a slightly positive to flat note, driven by the weak buying sentiment observed across the short and long ends of the benchmark curve. Consequently, the Average T-Bills yield remained unchanged to close at 17.86%. Elsewhere, the FGN Bond secondary market traded on a bearish note as the Average FGN Bond yield increased by 8bps to close at 16.42%.
At the NFEM window, the Naira depreciated by 0.11% to close at NGN1,333.72/USD. Crude oil price (Brent) weakened by 0.94% to close at USD 108.83pb.
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